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Hotel-Motel

Howard Johnson Greensboro

2004 Veasley St, Greensboro, NC 27407

Listing Price: Request For Offer

RevPAR
$29
Year Built
1986

Investment Overview

Marcus & Millichap is pleased to present the fee simple interest in the former Howard Johnson by Wyndham located in Greensboro, North Carolina. The 119-room hotel is strategically positioned just off Interstate 40 and adjacent to the Greensboro Coliseum Complex, providing excellent visibility and accessibility.

The property includes a lobby, dining area, and an outdoor pool. Its location near major demand generators including Cone Health, the University of North Carolina at Greensboro, the Joseph S. Koury Convention Center, and Piedmont Triad International Airport, combined with the continued growth of the Piedmont Triad region, presents a compelling opportunity to renovate, reposition, or redevelop a well-located hospitality asset.

Investment Highlights

  • Ideally located within one of North Carolinas fastest growing advanced manufacturing corridors, anchored by Honda Aircraft, Boom Supersonic, Volvo Trucks, Mack Trucks, and Toyota battery Manufacturing
  • Approximately 20 minutes from Toyota's $14B battery manufacturing facility, one of the state's largest economic development projects
  • 5 miles from Piedmont Triad International Airport, a growing aerospace and logistics hub supported by ~$500M in planned capital improvements
  • Cone Health Moses Cone Hospital (6.3 mi), a 628-bed regional teaching hospital and major healthcare employer
  • Ideally located within one of North Carolina's fastest growing advanced manufacturing corridors, anchored by: Honda Aircraft, Boom Supersonic, Volvo Trucks, Mack Trucks, and Toyota battery Manufacturing

Exclusively Listed By

  • Jack Davis

    Senior Managing Director Investments

    (843) 952-2253

    Email Jack

    License(s): SC: 92795, NC: LC896

    Charleston

  • Milin Mehta

    Associate Director Investments

    (704) 831-4631

    Email Milin

    License(s): NC: 316812, GA: 445383

    Charlotte Uptown

  • Joce Messinger

    Managing Director Investments

    (843) 952-2255

    Email Joce

    License(s): SC: 80481, GA: 375018, NC: LC810

    Charleston

Broker of Record

  • Charles Gallagher

    Senior Director, Market Leader- Washington D.C./Virgina/Maryland

    (704) 831-4600

    License(s) NC: 351471

    North Carolina

Financing By

Hotel-Motel

Howard Johnson Greensboro

Listing Price: Request For Offer

RevPAR
$29
Year Built
1986

Investment Highlights

  • Ideally located within one of North Carolinas fastest growing advanced manufacturing corridors, anchored by Honda Aircraft, Boom Supersonic, Volvo Trucks, Mack Trucks, and Toyota battery Manufacturing
  • Approximately 20 minutes from Toyota's $14B battery manufacturing facility, one of the state's largest economic development projects
  • 5 miles from Piedmont Triad International Airport, a growing aerospace and logistics hub supported by ~$500M in planned capital improvements
  • Cone Health Moses Cone Hospital (6.3 mi), a 628-bed regional teaching hospital and major healthcare employer
  • Ideally located within one of North Carolina's fastest growing advanced manufacturing corridors, anchored by: Honda Aircraft, Boom Supersonic, Volvo Trucks, Mack Trucks, and Toyota battery Manufacturing

Investment Overview

Marcus & Millichap is pleased to present the fee simple interest in the former Howard Johnson by Wyndham located in Greensboro, North Carolina. The 119-room hotel is strategically positioned just off Interstate 40 and adjacent to the Greensboro Coliseum Complex, providing excellent visibility and accessibility. The property includes a lobby, dining area, and an outdoor pool. Its location near major demand generators including Cone Health, the University of North Carolina at Greensboro, the Joseph S. Koury Convention Center, and Piedmont Triad International Airport, combined with the continued growth of the Piedmont Triad region, presents a compelling opportunity to renovate, reposition, or redevelop a well-located hospitality asset.

Exclusively Listed By

  • Jack Davis

    Senior Managing Director Investments

    (843) 952-2253

    Email Jack

    License(s): SC: 92795, NC: LC896

    Charleston

  • Milin Mehta

    Associate Director Investments

    (704) 831-4631

    Email Milin

    License(s): NC: 316812, GA: 445383

    Charlotte Uptown

  • Joce Messinger

    Managing Director Investments

    (843) 952-2255

    Email Joce

    License(s): SC: 80481, GA: 375018, NC: LC810

    Charleston

Broker of Record

  • Charles Gallagher

    Senior Director, Market Leader- Washington D.C./Virgina/Maryland

    (704) 831-4600

    License(s): NC: 351471

    North Carolina

Financing By

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